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IFX - Infineon Technologies AG News Story

€31.62 1.0  3.3%

Last Trade - 4:35pm

Sector
Technology
Size
Large Cap
Market Cap £34.26bn
Enterprise Value £37.47bn
Revenue £8.59bn
Position in Universe 37th / 1053

BUZZ-Top of the Street: Rotork, Tele2, Alfa Laval, Infineon, Vestas

Thu 11th June, 2020 11:40am
A round-up of notable broker activity this morning from Europe's
top-ranked* analysts:
    
    ** Peel Hunt cuts British industrial group Rotork  ROR.L  to
"add" from "buy"
    ** Berenberg upgrades Tele2  TEL2b.ST  to "buy" from "hold",
saying upcoming reporting season could be an opportunity for the
company to reverse some of its recent underperformance versus
the sector  urn:newsml:reuters.com:*:nL8N2DO0UF
    ** Barclays downgrades Swedish engineering group Alfa Laval
 ALFA.ST  to "underweight from "equal weight" as it sees a long
road to recovery  urn:newsml:reuters.com:*:nL8N2DO0PL
    ** Credit Suisse resumes Infineon  IFXGn.DE  at
"underperform", saying the German chipmaker's shares look
expensive considering risks to its sales growth and EBIT margin
 urn:newsml:reuters.com:*:nL8N2DO178
    ** Jyske Bank cuts wind turbine maker Vestas  VWS.CO  to
"hold" from "buy"
    
    
    
(*Analyst rankings from Thomson Reuters StarMine. The scale is
from 1-star to 5-star with 5 being the best. Analysts are ranked
on earnings accuracy as well as relative performance of
recommendations over trailing 12-month & 24-month periods.)


 ((r.plantera@thomsonreuters.com; halilcan.soran@tr.com))
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